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Management Vice President

Newtown, CT, 06470
August 22, 2012

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Felix J. Talamo

* ********* ****, *******, ** ***70 Home Phone: 203-***-****

Email: Cell Phone: 203-***-****


Seasoned financial executive with broad marketing and not-for-profit industry experience. Hands on, roll

up the sleeve executive, with a solid record of managing financial departments effectively and efficiently.

Adept at resolving financing issues. Excellent written and verbal communication skills, participating and

reporting to board of directors’ and executive management committees, with experience working with a

wide array of software systems.


CTE, Inc. Stamford, CT

2009 – Present

VP of Finance/Chief Financial Officer

CTE, Inc. is a not-for-profit community action advocacy agency representing lower Fairfield county, with

revenues of $6M and over 60 employees.

Handled all financial operations during a workout situation stabilizing banking relations, restructuring

daily financial operations, working with management and the Board to ultimately realize a successful

merger with another not-for-profit agency providing financial strength.

Responsible for all government grant budgeting and financial compliance, cash management & banking

relationships, managing all transactional accounting, preparation of financial statements and board of

directors financial reporting.

Immediately upon arrival, reorganized organization’s finances to avert cash crisis.

Negotiated with primary bank lenders to restructure debt repayment terms providing improved cash


Refinanced property to draw available cash to help meet working capital needs.

Set-up cost reduction plan, reducing staff and expenses to match declining revenue streams.

Worked with management of acquiring organization and State agencies to facilitate process and keep

CTE operational.

North Castle Communications, Inc. Stamford, CT

Senior Vice President/Chief Financial Officer 1998 - 2009

North Castle was a marketing services company with revenues of $12M and with 75 employees. It

serviced a wide range of national and regional clients, including Hershey Foods, Con Agra and


Felix J. Talamo

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Directed all financial & accounting operations, including preparation of the annual budget and monthly

forecast, produced monthly and annual financial statements. Prepared profitability reports and pricing

schedules for negotiated client contracts. Managed cash, receivables, 401(k) plan, payroll and b anking

relations. Active participant in North Castle Management committee and interacted with client financial


Selected and migrated to a more efficient and needs-targeted software system substantially

reducing I.T. costs.

Set up a monthly budgeting & review process for quick analysis by management.

Created division’s performance goals & budgets with incentives to over-perform.

Set up $1MM credit facility with bank for working capital needs to reduce borrowing costs.

Redirected company 401(k) plan to an automated carrier with easy employee access and more

diverse choices.

Media Partnership / Media Inc. / Media Direct Partners New York, NY/ Norwalk, CT

Subsidiaries of Inter Public Group

Vice President/Chief Financial Officer 1996 - 1998

This trio of companies within the IPG group has combined revenues of $12M and 80 employees. It

provided media & direct response buying services.

Directed all financial activities subsidiaries, including the network media buying for the 1996 presidential

campaign of H. Ross Perot. Successfully merged the finances of Media Partnership with Western Intl.

Media upon their acquisition, and all three subsidiaries with the Inter Public Group on a latter acquisition.

Marketing Corporation of America/Ally & Gargano Inc. Westport CT / New York, NY

Senior Vice President/Chief Financial Officer 1975 - 1996

MCA was an advertising/consulting firm with advertising agency revenues of $30M and 100+ employees.

Clients served include Cadbury (Motts); Dunkin Donuts; Federal Express; Lorillard; Saab USA and

Tambrands, Inc.

Rose from staff accountant to CFO of this merged advertising agency from its initial acquisition to the

purchase of Ally & Gargano, Inc. and ultimate sale to Wesray Capital. Directed all financial operations,

including financing issues, controllership, client/agency budgets and executive committee reporting.


St. John’s University- Queens, New York – B.S. Accounting, May 1975


Experience with a wide range of software applications including:

Microsoft-Excel/Word; Blackbaud; Mediaplex (Adserve); JD Edwards; Donovan Data Systems; ADP

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